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Updated over 9 years ago,

User Stats

4
Posts
0
Votes
Doryne Thomas
  • Insurance Operations
  • Carrollton, TX
0
Votes |
4
Posts

Is it possible to get a loan if you're retired?

Doryne Thomas
  • Insurance Operations
  • Carrollton, TX
Posted

I recently took an early retirement package and I might go back to a W-2 job, but I'd really like to start flipping and buying rental property as my long term "retirement" strategy. I'm just worried I won't be able to get a loan to buy my first flip without a job, even though I do have other investments and a small pension. I'm assuming that once I've shown a track record of successful flips it will be easier as I'll be able to show that as my income, but it's getting started that worries me.

Any suggestions?

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